Finance still owing?
Sell a Car With Outstanding Finance in Ireland
You can request a valuation while finance is still outstanding. If we agree to buy the car, we verify the settlement, pay the finance provider directly and send any remaining balance to you.
Start with the car, then confirm the finance
The first form asks for the registration, mileage, condition and your contact details. You do not need an agreement number or settlement figure just to find out what we might offer.
If you want to proceed, tell Eoghan about the finance before arranging the sale. We then confirm the agreement and the lender’s current settlement requirements. The offer for your car and the amount needed to clear its finance are separate figures.
HP, PCP and personal loans are different
With hire purchase or PCP, the finance company normally owns the vehicle until the agreement is completed. A sale therefore needs the lender’s settlement process. A PCP final payment must be accounted for; the monthly payment alone does not show what is left to settle.
An ordinary unsecured personal loan is different: you own the car, but selling it does not cancel your loan repayments. If you are unsure which arrangement you have, check your agreement or ask the lender before committing to a sale.
How much will you receive?
For illustration only: if the agreed car price is €20,000 and the verified settlement is €14,000, €14,000 goes to the finance provider and €6,000 goes to you. Those are example figures, not a valuation or finance quote.
If settlement is higher than the car price, there is a shortfall, often called negative equity. Selling the car does not erase it. Any shortfall must be resolved through an arrangement agreed with the lender before the purchase can be completed; we do not promise to absorb it.
A clear payment and handover process
We confirm the final purchase price after inspection and history checks, verify the settlement details and explain the payment split. Any balance due to you is paid by AIB bank transfer, with payment confirmed before you hand over the vehicle and keys.
We complete the dealer ownership transfer through Motortrans and email a purchase receipt and transfer confirmation. Keep these alongside the lender’s settlement confirmation: the purchase record and finance clearance are different documents.
Common questions
Can I sell a car on PCP before the final payment?
A sale may be possible through an agreed settlement with the lender. We need to verify the current settlement and any lender requirements before completing the purchase.
Do I have to clear HP finance before requesting a valuation?
No. Request the valuation first. If you decide to proceed, we verify the finance and arrange direct payment to the provider as part of the agreed purchase.
Is the price offered the amount I receive into my account?
Only if no finance needs to be paid from it. Where finance is being settled, your balance is the agreed purchase price less the verified settlement, provided the result is positive.
Useful next steps
Official guidance
Where inspection happens
We can view your car at your home, workplace or another convenient location anywhere in Dublin, by appointment. Viewings outside Dublin may be possible by agreement. You can also come to us in Skerries or Rathfarnham by appointment. Collection is free throughout Leinster after the purchase is agreed. Tell us about any NCT or safety issues before arranging to bring the vehicle.
Give Eoghan the reg
Request a free valuation. There is no obligation to accept the offer.
Request my valuation